'At the core of the uncertainties that have drawn investors and central banks to the traditional safe haven (gold) lies America.

Donald Trump’s presidency has so far been turbulent, to say the least, characterised by erratic decision-making, bizarre appointments to his cabinet and major government agencies, massive shifts in the US’s role in global affairs and in its relationships with traditional allies, actions that challenge its constitution and laws, political dysfunction, fiscal expansion and, of course, the weaponisation of tariffs and the US dollar.

His trade wars have upended global trade and affected economies across the globe. At the same time, they caused a rise in both US unemployment and inflation, raising the prospect of stagflation, or the coincidence of shrinking economic growth and swelling inflation.

Trump’s assault on the Federal Reserve Board’s independence and attempt to pressure the US central bank into significant rate cuts has unsettled foreign investors, who fear the debasement of US monetary policy and the US dollar if the Fed – which has only recently cut its policy rate by 25 basis points – can be intimidated into monetary policies driven by Trump’s political ambitions rather than the economy’s settings.

The shutdown of the US government adds to the concerns, along with fears that neither of the major parties appears concerned about the blowout in US deficits and debt this year thanks to Trump’s One Big Beautiful Bill and its tax cuts for companies and the wealthy.

US government debt was $US35.5 trillion as of September 30 last year. It is now about $US38 trillion and rising daily. The US debt-to-GDP ratio is about 125% and rising. Trump’s much-vaunted revenues from tariffs (effectively a tax on US companies and consumers) will only make a dent in the $US1-trillion-plus interest cost on its debt.'

Gold is a safe haven as the decadent US empire declines into crony capitalism, debt and insolvency.

A good time to hold gold, or even better, Bitcoin and thereby avoid having your hard earned savings debased by governments futilely attempting to arrest the decline of US hegemony.

Buy Bitcoin, and hasten the collapse of US imperialism and the Jewish bankers who lurk behind it...